I'm planning on keeping my '07 Outback forever, so I bought the warranty. I will only put on about 5,000 miles a year, so in 3 years, I'd only have 15,000 miles on the car. I'd sure hate to have something break in the 37th month with less than 20,000 miles on the car and get stuck with the bill.
My daughter bought an extended warranty for exactly the opposite reason from me. She drives her Subie so much that she will blow through the 36,000 miles in about 18 months - maybe less. It would suck to own a car less than 2 years and have something break that would otherwise be covered by a warranty.
Ask about a few key repairs. My other daughter has an Acura Integra. I bought an extended warranty, because she was going to be 350 miles away from home in college and I never wanted her to hesitate to take the car in for repair. (We went through THAT with the first daughter!) With 75,000 miles, the head gasket blew, which is apparently "expected" with Integra's and Civic's of certain vintage. That was about a thousand dollar repair, which was twice what I paid for the warranty.
Here's another scenario... If you have power windows, for instance, replacing one motor might cost as much as the 2/20,000 warranty you are considering. Ask what the repair would cost.
One thing to bear in mind is that there are many different kinds of extended warranties and several levels of coverage. (Bronze, Silver, Gold, Platinum, whatever...) One selling point of the warranty that I got is that I can have the work done ANYWHERE and not just at a Subaru dealership. It depends on where you find yourself in the country, but there are some places where you would be hours and hours away from a Subaru dealership. My warranty also provides fro trip interuption and a rental vehicle, which my regular auto insurance would only provide if there was an accident.
You need to consider the mileage you will put on the car and how long you will keep it and how much risk you are willing to assume.
I try to help people assess their need for dental insurance several times a month. It all comes down to the same thing. If you look at "past performance," it is NEVER worth it for most people to pay the high premium for individual coverage. All they have to do is break off one tooth, though, and the whole analysis goes out the window.
You buy ANY kind of insurance hoping that you won't need it and an extended warranty is the same thing.
Wait a day or two and see what some of the mechanics in this section have to say about it.
2007-04-22 18:10:06
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answer #1
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answered by Picture Taker 7
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Dealers will find just about any loophole they can in these extended warranties, that way they make more money. They are working stiffs just like the rest of us, trying to keep costs down and profits up. The better idea is to take the money you would spend on the extended warranty, and create your own warranty program in the form of a savings account. That way you can enjoy interest on the money, and you can have cash in the event of a major repair.
2007-04-23 08:01:12
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answer #2
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answered by Anonymous
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prolonged warranties are in no way well worth a dime. as long as you persist with the reccomended producer provider interior the vendors instruction manual your Corolla ought to final you a stable 10 years problem unfastened. The prolonged guarantee expenditures can variety, a stable rule of thumb once you bypass to the financing officer is to say no to each little thing, you basically bought a sparkling automobile, and the producing facility guarantee would be extra desirable than sufficient.
2016-11-26 21:52:11
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answer #3
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answered by ? 4
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The basic warranty is 3 yr/36,000 miles bumper to bumper 5yr/60,000 miles on the power-train. This is sufficient. You have up to 1 yr or 12,000 mi es to make that decision but I would suggest no don't bother. Subaru's are pretty solid and last a long time. Keep up the regular maintenance.
2007-04-23 01:52:23
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answer #4
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answered by ? 7
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Regular maintenance is the key, which is required anyway. Our 1998 Forester S has not had any issues that were warranty items, over 100K miles.
These cars are built very well.
2007-04-26 00:52:12
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answer #5
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answered by pedro 6
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The general answer is no. As a rule of averages warranty extensions don't pay for themselves. But a few people do benefit from them. Its like going to the casino. Some people win but most loose........that's how they stay in business.
2007-04-22 17:39:22
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answer #6
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answered by wzzrd 5
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These warranties are basically as worthless as the paper they are written on. I have fallen for that trap and they don't cover anything. Don't waste the money.
2007-04-22 17:04:56
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answer #7
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answered by Ryan's mom 7
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Nope, the regular warranty is enough.
2007-04-23 07:11:03
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answer #8
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answered by Anonymous
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